Government Budgets

September 1, 2023

Chicago Police Department Budget Q&A

This blog takes an updated look at the Chicago Police Department (CPD) budget and …

August 18, 2023

The State of Illinois FY2024 Enacted Budget

During the last week of May, after the Illinois General Assembly had been scheduled to adjourn, legislators passed four budget bills for fiscal year 2024: the…

July 28, 2023

Cook County Preliminary Forecast Shows Substantial Operating Surplus for Year-End FY2023 and Moderate Budget Deficit for FY2024

On June 22, 2023, Cook County Board President Toni Preckwinkle issued a preliminary budget forecast for fiscal year…

June 27, 2023

Civic Federation Has Significant Concerns About Chicago Public Schools' Long-Term Financial Challenges

The Federation urges the District to develop a long-term financial plan as costs continue to rise and a financial cliff looms. Click here to visit the report landing page.

June 27, 2023

Chicago Public Schools FY2024 Proposed Budget: Analysis and Recommendations

Click here to read the full report.Click here to read the press release for this…

June 23, 2023

Recommendations to Strengthen the Council Office of Financial Analysis

Last week, the Civic Federation released its report, Financial Challenges Facing the Chicago Mayor and the City Council, which provided an overview of…

June 17, 2023

These Are the Four Major Takeaways From the City’s $6.2 Billion Budget Deal

June 8, 2023

Addressing the Financial Entanglements Between the City of Chicago and Chicago Public Schools

With the upcoming implementation of an elected school board to oversee Chicago Public Schools, the governance of CPS will be separated from the City of Chicago. The 21-member elected school…

May 4, 2023

State of Illinois FY2024 Recommended Operating and Capital Budgets: Analysis and Recommendations

Click here to read the full report.Click…

March 24, 2023

Comparing FY2024 State Revenue Forecasts

On February 15, 2023, Governor Pritzker released the State of Illinois FY2024 Operating and Capital Budgets. The proposed budget noted revenue collections post-pandemic have continued to exceed…